🌳THETA'S Expected Movement
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THETA TOKEN / TETHERUS
THETA has Done a Massive Bullish Movements But Has been Reduced a lot Recently as well. If we observe The Chart at Weekly Timeframe, We can Understand That The Price is in a Pretty Big Descending Triangle. The Support zone which is at the Bottom of This Pattern has Done Greatly and Held The Price above 3.4$. There Might be a New Bullish Run Soon because If you observe The MACD you Can Understand That There is a Regular Bullish Divergence (+RD) on It & It Is a Great Sign of a Incoming Bullish Movement.There Is a High Chance For a Break out To Happen But We Shall Wait and See If It Is gonna Happen or not (No Confirmation) The Resistances Are Shown on The Chart So It Is Expected That The Price Would React To It if The Said Break out Happens. The Price will Be able To Reach It's ATH if The Break out happens.
🟡What Is Theta (THETA)?
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta main net operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
THETA TOKEN / TETHERUS
THETA has Done a Massive Bullish Movements But Has been Reduced a lot Recently as well. If we observe The Chart at Weekly Timeframe, We can Understand That The Price is in a Pretty Big Descending Triangle. The Support zone which is at the Bottom of This Pattern has Done Greatly and Held The Price above 3.4$. There Might be a New Bullish Run Soon because If you observe The MACD you Can Understand That There is a Regular Bullish Divergence (+RD) on It & It Is a Great Sign of a Incoming Bullish Movement.There Is a High Chance For a Break out To Happen But We Shall Wait and See If It Is gonna Happen or not (No Confirmation) The Resistances Are Shown on The Chart So It Is Expected That The Price Would React To It if The Said Break out Happens. The Price will Be able To Reach It's ATH if The Break out happens.
🟡What Is Theta (THETA)?
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta main net operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
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